MoonPay Acquires SEC-Registered North Capital in $60M All-Stock Deal

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Crypto payments firm MoonPay has announced plans to acquire North Capital, a company registered with the U.S. Securities and Exchange Commission, in an all-stock deal valued at $60 million. The acquisition marks a significant move by MoonPay into the regulated securities space. CEO Ivan Soto-Wright stated the deal is aimed at advancing the mainstream adoption of tokenized real-world assets. By bringing North Capital's regulatory credentials under its umbrella, MoonPay seeks to strengthen its position in the growing market for blockchain-based asset tokenization.

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